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Nigerian Banks
Nigerian Banks
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Labour Party Ratifies 1,211 Candidates for 2027 Elections
KEY POINTS Labour Party ratifies 1,211 candidates after completing nationwide primaries for the 2027...
June 12, 2026
News
Tinubu Honours 50 Nigerians for Role in June 12 Democracy Struggle
KEY POINTS President Tinubu honoured 50 Nigerians for their roles in Nigeria’s pro-democracy struggle...
June 12, 2026
News
CBN Raises N7.85tn in OMO Bills Auction in November
CBN sold N7.85 trillion in OMO bills in November, drawing banks and foreign investors as it works to drain excess system liquidity.
December 1, 2025
News
CBN Orders Banks to Remove Misleading Adverts
The CBN has directed banks to remove misleading bank adverts, warning that deceptive promotional content threatens consumer trust and financial-market stability.
November 28, 2025
Business
FG Threatens to Blacklist Banks Over N200 Billion USSD Debt
KEY POINTS FG will blacklist 18 banks on the principal of N200 billion USSD...
January 14, 2025
Business
Senate Increases Windfall Tax on Banks to 70%
Nigerian Senate raises windfall tax on banks' foreign exchange gains to 70%, targeting redistribution of government-driven profits.
July 25, 2024
News
Banks’ Weekly Borrowing from CBN Soars to ₦5.38 Trillion Amid Liquidity Crunch
Nigerian banks' weekly borrowing from the CBN has surged to ₦5.38 trillion, reflecting increased liquidity demand and economic challenges.
July 8, 2024
Business
GTCO Plans $750mn Rights Issue to Meet Capital Requirements
Nigeria’s Guaranty Trust Bank (GTCO) is gearing up to raise $750 million through a...
April 14, 2024
News
Nigerian Banks in Ghana Work to Resolve FX Trading Ban
Nigerian banks operating in Ghana are working with the Bank of Ghana (BoG) to...
March 6, 2024
News
Nigerian Banks Attract Record Deposits Amid Naira Crisis
Nigeria's major banks have seen a surge in customer deposits in the first nine...
December 15, 2023
News
CBN Mandates BVN, NIN Linking, Anticipates Customer Rush
CBN’s new BVN/NIN policy expected to cause a surge in bank and NIMC office visits across Nigeria.
December 5, 2023
Latest articles
News
Labour Party Ratifies 1,211 Candidates for 2027 Elections
KEY POINTS Labour Party ratifies 1,211 candidates after completing nationwide primaries for the 2027...
June 12, 2026
News
Tinubu Honours 50 Nigerians for Role in June 12 Democracy Struggle
KEY POINTS President Tinubu honoured 50 Nigerians for their roles in Nigeria’s pro-democracy struggle...
June 12, 2026
News
Reps Approve State Police Bill Amid Rising Insecurity
KEY POINTS The House of Representatives passed the State Police Bill with 289 lawmakers...
June 12, 2026
News
FG Schedules More Evacuation Flights as 262 Nigerians Return From South Africa
KEY POINTS The first batch of 262 Nigerians evacuated from South Africa has arrived...
June 12, 2026